The Principal BRIC Emerging Economies Fund is among SFC-authorised funds to be terminated due to their small asset size.
Tag: Principal Global Investors
HEAD-TO-HEAD: First State vs Principal
FSA compares the First State Hong Kong Growth Fund with the Principal LSF Hong Kong Fund.
PGI targets Asia wholesale segment
The firm aims to get its funds on the shelves of key private bank distributors for the wholesale segment, and it has made key senior hires this year to drive efforts.
Principal senses EM earnings surprise
Principal Global Investors portfolio manager Mihail Dobrinov said he has added exposure in cyclical stocks such as commodities and warmed to EM financials since the beginning of the year.
The FSA Spy market buzz – 8 April 16
BNP has the wind at its back; Templeton has added; Chinese regulators plea for help; PGI is simply Principal; Is Investec going Retail in Singapore?; OMGI gearing up; and much more.
EM worry clouds 2016: Principal Global
A “third wave” in the global financial crisis could come from emerging markets, said Bob Baur, chief global economist for Principal Global Investors.
PGI plucks ex-MAS exec to head SEA business
Celestine Khoo, the former head of external fund management at Singapore’s regulatory body, has been hired by Principal Global Investors.
Principal remains an EM believer
Sentiment for emerging markets has plunged and investors see heightened risk. But Principal Global Investors believes its EM growth prospects remain strong, according to Jim McCaughan, CEO.
Fund houses wary of China reform
China has been under scrutiny the past few weeks, and it seems industry sources have a growing concern over the government’s economic reform efforts.
Principal Global aims to use MRF
Principal Global Investors intends to distribute funds through the mutual recognition of funds initiative, and is in talks with joint venture partner China Construction Bank about mainland products, said Kirk West, head of international offices and chief executive officer of Asia.